The days of visiting your bank’s local branch and interacting with a teller face-to-face may be behind us. When it comes to choosing where to put their money, many Americans are switching gears and opting for neobanks.
In the U.S. and across the globe, neobanks are quickly gaining traction, especially among Gen Zers and millennials, according to United Fintech. Within one year, the percentage of these customers with a primary account at a neobank grew from 4% to 15%.
But how are neobanks different from regular banks? And how do you choose one? Let’s start with the basics.
GSTechnologies (LON:GST) overall development of the group includes large customer accounts and growing their blockchain payment and financial services business, with blue sky opportunities in new Disruptive Technologies with synergy to their existing business.